19.02.202607:00:00UTC+00Swiss Trade Surplus Widens Sharply in January 2026

Switzerland’s trade surplus expanded markedly at the start of the year, with the trade balance rising to 3.818 billion francs in January 2026, up from 1.036 billion francs in December 2025. The latest figures highlight a strong improvement in the country’s external position over the turn of the year.

The December 2025 reading had already indicated a positive, though comparatively modest, surplus. The jump in January suggests a significant shift in the balance between exports and imports, though the underlying drivers—such as changes in export demand, pricing, or import volumes—are not specified in the data provided.

The figures were updated on 19 February 2026, confirming the substantial widening of Switzerland’s trade surplus as the year began, a development closely watched by investors and policymakers for its implications on growth, currency dynamics, and external demand conditions.